Insights and Stories of Mark Weinraub

Jan. 26, 2023 at 6:06 pm CST

Chicago | Reuters — U.S. wheat, corn and soybeans jumped on Thursday on support from a government report that showed strong overseas demand for all three commodities, traders said. “We had some decent export sales compared to what we have seen the last few weeks and that trend, particularly for […]

By Mark Weinraub

Jan. 25, 2023 at 5:14 pm CST

Chicago | Reuters — U.S. wheat futures rose on Wednesday on concerns that any intensification of Russia’s war on Ukraine could clog the export pipeline from those two major exporters. “I think the market is trying to price in an increasing likelihood that an escalation … turns into a European […]

By Mark Weinraub

Dec. 16, 2022 at 5:28 pm CST

Chicago | Reuters — CME Group hog futures rallied on Friday, rebounding from a two-month low on a round of end-of-week bargain buying. Cattle futures also were firm despite concerns about waning demand, traders said. Cash market strength added support to both hogs and cattle. CME February lean hogs jumped […]

By Mark Weinraub

Dec. 16, 2022 at 5:09 pm CST

Chicago | Reuters — U.S. corn and wheat futures dipped on Friday, with concerns about a weakening global economy deterring traders from extending gains made earlier this week. “Fund managers continue to interpret their supply and demand fundamentals through a lens coloured by recession fears,” Arlan Suderman, chief commodities economist […]

By Mark Weinraub

Dec. 15, 2022 at 5:16 pm CST

Chicago | Reuters — CME Group cattle and hog futures weakened on Thursday, with traders expressing concerns about both domestic and export demand due to prospects for a softening global economy. The U.S. Agriculture Department (USDA) on Thursday morning said that weekly export sales of beef totaled 13,800 tonnes, down […]

By Mark Weinraub